The Shopping Episode: Retail Trends We’re Watching
After Hours
TED Audio Collective / Youngme Moon, Mihir Desai, & Felix Oberholzer-Gee
4.8 • 1.4K Ratings
🗓️ 2 June 2021
⏱️ 34 minutes
🧾️ Download transcript
Summary
Youngme , Mihir , and Felix share their shopping habits and the retail trends they’re keeping an eye on.
Recent picks, and recommended reading/websites:
- S’more Recipe (Epicurious.com)
- Herb Gardens
- Shabaka Hutchings (jazz artist)
You can visit our website at HarvardAfterHours.com. You can email your comments and ideas for future episodes to: harvardafterhours@gmail.com. You can follow Youngme, Mihir, Rebecca, and Rawi on Twitter at: @YoungmeMoon, @DesaiMihirA, @RebeccaReCap, and @RawiAbdelal.
Transcript
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| 0:00.0 | Ted Audio Collective |
| 0:07.0 | Hey listener, a quick favor. We are conducting an audience survey and we'd be really grateful if you could take just a few minutes to respond. |
| 0:14.0 | Please visit survey.prx.org slash after hours to take the survey today. That survey.prx.org slash after hours. Thanks. |
| 0:25.0 | HBR presents. |
| 0:44.0 | Hi everyone, you're the C2. After hours, I'm young me. I'm Felix. And I'm here. And we're going to talk about shopping and retail. |
| 0:51.0 | Are you guys finicky shoppers? The pens, right? So if I buy a bicycle, I'm super finicky. Furniture. I'm very choosy. Clothing, not so much. |
| 1:05.0 | Like once I find something that I like, I bought like the same sneakers like five times in a row. I always buy multiple shoes. Like I find a shoe well like buying one seems such a mistake. |
| 1:15.0 | You buy backups. I like this. And therefore I've been very for four or five years. I try to like concentrate all my shopping as much as possible. Like I went to an outlet and I bought like two years worth of clothes. |
| 1:28.0 | And I just don't want to go shopping ever again. What about you? What do you do? You know, I'm a simple person. I don't like to shop. But if I have to shop, I'm finicky. |
| 1:40.0 | What's the category you're least finicky about? I'm least finicky. Okay, I'm finicky about most things. I will say one thing I love about shopping is not actually shopping. But it's like a pulse on the economy and a pulse on the world and on consumer trends. |
| 1:59.0 | Like I actually don't particularly like shopping for things for myself. But like if you ask me, do you want to go check out this new mall? I kind of get into that because I'm curious about what's going on. |
| 2:10.0 | Oh, it's a window into culture. Like if you go to a stationary store in Tokyo, you get a window into that culture. |
| 2:18.0 | One of the first things I do when I go to a country I've never been in within a day, for sure, I'm in a grocery store. I find grocery stores so interesting. |
| 2:28.0 | Or a convenience store or their version of a 7-Eleven. I completely agree. |
| 2:32.0 | Because it tells you everything you need to know. It's a whole world. What else? |
| 2:36.0 | So we are going to spend the episode talking about the trends we are keeping an eye on in retail and shopping. Should be fun. |
| 2:49.0 | So young me, what's your first trend? |
| 2:51.0 | Oh, you want me to go first? |
| 2:53.0 | Yes. |
| 2:54.0 | So I am obsessed with thinking about social commerce models right now. |
| 2:59.0 | Oh, okay. |
| 3:00.0 | So if you think about the first generation of e-commerce platforms, players like Amazon, Etsy, eBay, and Shopify. |
... |
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